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H.R. 5178 - Fair Treatment of Compensation in Bankruptcy Act of 2002

Fair Treatment of Compensation in Bankruptcy Act of 2002

Last action on Aug 20, 2002Referred to the Subcommittee on Commercial and Administra...

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Summary

Fair Treatment of Compensation in Bankruptcy Act of 2002 - Amends Federal bankruptcy law to increase from $4650 to $13,500 the aggregate amount of a claim to recover employee wages and benefits that has priority ranking among unsecured creditor claims.

Lifecycle of the Bill

No events recorded for this stage yet.

No events recorded for this stage yet.

Congress

107th Congress

Introduced

Jul 22, 2002

Finance and Financial Sector

Corporate collapse

Debtor and creditor

House Committee on the Judiciary

CBO Cost Estimate

No CBO cost estimate has been published for this bill.

Employee benefit plans